Soybean Research & Development Council

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391899505 ✦ Ankeny, IA ✦ Designated as a 501(c)(5)

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Overview

What is Soybean Research & Development Council?

The Soybean Research & Development Council is a not-for-profit organization situated in Ankeny, Iowa, primarily dedicated to the promotion of the soybean industry. Their mission involves boosting the visibility and significance of soybeans, thereby contributing to its overall development. By focusing on this promotion effort, they aim to support and strengthen the soybean sector as a whole.

Is Soybean Research & Development Council legitimate?

Soybean Research & Development Council is a legitimate nonprofit organization registered as a 501(c)(5) entity. Soybean Research & Development Council submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $162,360

For more financial information, click here

What is the mission statement of Soybean Research & Development Council?

The Soybean Research and Development Council, functioning as a nonprofit organization, is dedicated to the promotion of the soybean industry. Its mission is to foster the growth and success of the soybean sector, aiming to enhance its visibility and significance in various applications. The council's activities may include advocacy, research, and education to support the soybean industry's development and advancement.

Who is the CEO of Soybean Research & Development Council?

Kirk Leeds is the CEO of Soybean Research & Development Council The CEO's salary of Soybean Research & Development Council is $1,733 and their total compensation is $578,991.

What is the revenue of Soybean Research & Development Council?

Soybean Research & Development Council's revenue in 2024 was $1,978,835.

Who are the executives of Soybean Research & Development Council and what are their salaries?

The average compensation at Soybean Research & Development Council during 2024 was $12,489. There are 13 employees and 5 volunteers at Soybean Research & Development Council.

Here are 9 key members and their salaries (Soybean Research & Development Council's CEO's salary is $1,733 and their total compensation is $578,991):


Suzanne Shirbroun (President)
  • Compensation: $0
  • Related: $4,200
  • Other: $0
Brent Swart (President Elect)
  • Compensation: $0
  • Related: $5,000
  • Other: $0
Jeff Frank (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Adam (Secretary)
  • Compensation: $0
  • Related: $1,620
  • Other: $0
Brent Renner (Director)
  • Compensation: $0
  • Related: $1,100
  • Other: $0
Kirk Leeds (Chief Executive Officer)
  • Compensation: $1,733
  • Related: $442,514
  • Other: $134,744
Steve Mcginnis (Chief Financial Officer)
  • Compensation: $1,291
  • Related: $183,074
  • Other: $75,883
Matt Herman (Chief Officer Of Demand &)
  • Compensation: $41,589
  • Related: $192,452
  • Other: $25,462
Aaron Putze (Sr. Director Of Information)
  • Compensation: $423
  • Related: $182,767
  • Other: $34,863
Where can I find the form 990 for Soybean Research & Development Council?

Soybean Research & Development Council's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Soybean Research & Development Council

The Soybean Research and Development Council, as an agriculture nonprofit, is dedicated to the promotion of the soybean industry. This organization's mission is to contribute positively to the growth and development of the soybean sector, thereby enhancing its overall impact and significance in various sectors. By promoting the soybean industry, the council aims to elevate its status and foster its continued growth and relevance.

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Impact




October, 2024

The Soybean Research & Development Council plays a crucial role in promoting the soybean industry, significantly impacting agricultural practices, economic growth, and sustainability. By conducting research and supporting development initiatives, the Council enhances the productivity and profitability of soybean farming. This fosters innovation, leading to improved cultivation techniques and pest management strategies that benefit farmers and contribute to food security.

Additionally, the Council’s efforts in advocacy and education help raise awareness about the importance of soybeans in the agricultural sector and the economy. By collaborating with various stakeholders, including farmers, researchers, and industry partners, the Council helps drive advancements in soybean production and utilization. Ultimately, their work not only supports soybean growers but also contributes to environmental sustainability and the resilience of the agricultural ecosystem.




This information is meant to be a general summary of Soybean Research & Development Council. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,978,835 (2024)
Expenses
$1,818,646 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $14,970
  • Program Service Revenue: $993,965
  • Gross Receipts: $1,978,835

Assets and Liabilities:

  • Total Assets: $1,429,304
  • Total Liabilities: $487,519
  • Net Assets: $941,785

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT REVENUE

Revenue

$993,965

Organization Details

Founding Year

1997

Principal Officer

Kirk Leeds

NTEE Category

Code: Z99 - Unknown

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